Gapping up
In reaction to earnings/guidance:
- APP +16%, MGNI +15.8%, PRPL +14.8%, MAXN +12.1%, FLNC +10.5%, FLWS +10%, TPR +9.3%, U +9.1%, NXT +8.3%, ALGM +7.4%, HLLY +6.9%, TNK +6.5%, FVRR +5.6%, OSUR +5.5%, OLK +4.5%, DV +4.3%, NICE +4.1%, CPA +4%, TTD +3.7% (also CFO to step down, names new CFO), HOOD +3.6%, DXPE +3.6%, USFD +3.4%, YETI +3.2%, MATV +3.1%, JD +3%, DCBO +3%, NVMI +2.9%, ALRM +2.8%, ING +2.8%, STE +2.7%, DNUT +2.7%, ACVA +2.5%, ENTG +2.4%, CPRX +2.3%, KELYA +2.3%, DYN +2%, ORCC +1.8%, DDS +1.4%, CR +1.3%, HMC +1.1%, EYE +1.1%, BN +0.9%
Other news:
- HMPT +15.7% (COOP to acquire HMPT)
- VVV +3% (commences tender offer to repurchase up to $1.0 billion in value of its common stock at a price not greater than $40.00/share nor less than $35.00/share)
- COOP +2.3% (COOP to acquire HMPT)
- ADEA +2.1% (TVStorm renews license for Adeia's media IP portfolio)
- INTT +1.5% (initiated an at-the-market equity offering program for the sale of up to $20 mln of the Company's common stock)
Analyst comments:
- ARCT +2.7% (upgraded to Buy from Neutral at H.C. Wainwright)
- AA +1.6% (upgraded to Outperform from Neutral at Credit Suisse)
- IGT +1.5% (upgraded to Positive from Neutral at Susquehanna)
- LTHM +1.5% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
